ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
TODAY’S TEN: Energy risks, wage distress, Iran conflict and more
By Staff Writer in Media News on Tuesday, 21st April 2026 at 3:16pm
Palki Sharma is done building other people's newsrooms, so she built her own
By Staff Writer in Media News on Tuesday, 21st April 2026 at 3:07pm
Nai Duniya Foundation hosts Media for Unity Awards 2026 in Delhi
By Staff Writer in Media News on Tuesday, 21st April 2026 at 1:58pm
Lizzies Winners 2026: Best Corporate Content - Nate Cochrane
By Will McLennan in Media News on Tuesday, 21st April 2026 at 12:45pmLizzies Winners 2026: Best Gaming Coverage/ Best Independent Technology Media - This Week in Video Games
By Will McLennan in Media News on Tuesday, 21st April 2026 at 12:42pm
Unfront: Rebel Wilson in the dock, NDIS on chopping block
By Staff Writers in Media News on Tuesday, 21st April 2026 at 7:47am
KUWJ mourns demise of journalist Ganesh Prabhu
By Staff Writer in Media News on Monday, 20th April 2026 at 9:17pmMedia news latest
Marcoms news latest